Karnataka: Will CM Sadananda Gowda be replaced by Yeddyurappa loyalist Shettar?

July 1, 2012
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New Delhi, July 1: The BJP's Parliamentary unit will on Sunday decide whether to replace Karnataka Chief Minister Sadananda Gowda with BS Yeddyurappa loyalist Jagadish Shettar.

The decision comes after nine ministers in the Gowda government, including Shettar himself, resigned on Friday demanding change of leadership.

While Gowda refused to accept the resignations, the BJP high command said it would hold talks with party leaders and the rebel ministers and then take a decision.

While BJP General Secretary Dharmendra Pradhan met the ministers on Saturday, sources said it was likely that the party would try to convince Yeddyurappa to wait until the Presidential election was over. They added that it was likely that the party high command would consider making Shettar the deputy CM for the time being, as a compromise formula.

Yeddyurappa has for some time been demanding that Gowda be replaced by Shettar. The former CM was removed from his post following allegations of his involvement in the illegal mining scam.

Supporters of Gowda, however, have said that they will not let him resign. Anand Asnotikar, the state Fisheries Minister, said, "We are supporting Chief Minister Sadananda Gowda. If any decision is taken to remove him, Jaakirholi and I will resign."

He asked, "Why should the CM resign? Is he corrupt? Has he been involved in any scam? If he has to step down, the central leadership will have to give a convincing reason. All these claims that the BJP can win only under Yeddyurappa are false. Under Sadananda Gowda, the BJP won five out of six MLC seats. He is a leader who supports every community and not just any one community."

Meanwhile, the Yeddyurappa camp is in no mood to back down. CM Udassi said, "We have made our decision clear that Jagadish Shettar should be made the CM and that's why we have resigned. When there was allegations against the former excise minister Renukacharaya, Sadananda Gowda immediately ordered a probe. But when there were allegations against Law Minister Suresh Kumar, why didn't he order a probe? It's clear that the CM doesn't trust us and we don't trust him."


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News Network
July 21,2020

New Delhi, Jul 21: The Enforcement Directorate is understood to have initiated a process to freeze over 60 bank accounts in the country on the request of the Brazilian government in connection with a money laundering case in that country, offiicials said on Monday.

They said the agency has undertaken the action under the provision of the Prevention of Money Laundering Act (PMLA) in pursuance of a mutual agreement between the two nations to combat financial crimes.

The over 60 bank accounts are held by some individuals and businessmen based in the country, they said.

The probe, they said, is linked to some high profile people of Brazil.

The suspected accounts sought to be frozen by the Enforcement Directorate (ED), on behalf of the Brazilian government, are stated to be of banks in Delhi and Mumbai, they added.

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News Network
May 21,2020

New Delhi, May 21: The Airports Authority of India (AAI) issued a standard operating procedure (SOP) to airport operators on Wednesday for recommencement of domestic flights from May 25 onwards, saying Aarogya Setu app is not mandatory for children below 14 years of age.

"Passengers shall compulsorily walk through screening zone for thermal screening at a designated place in the city side before entering the terminal building," the AAI said in its SOP, which has been accessed by news agency.

Airport operators must make appropriate arrangements for sanitisation of a passenger's baggage before his or her entry into the terminal building, said the SOP dated May 20.

The AAI manages more than 100 airports across the country. However, major airports like Delhi, Mumbai, Bengaluru and Hyderabad are managed by private companies. 

Civil Aviation Minister had announced on Wednesday that domestic flight services would resume from May 25 onwards in a calibrated manner.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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